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Ajaokuta Steel

15 Nov
The Civil Society Legislative Advocacy Centre (CISLAC) has called on the Ministry of Steel Development and the Bureau of Public Procurement to ensure transparency and adherence to legal standards in the ongoing procurement process for selecting a Transaction
24 Oct
The Chairman of the Senate Ad Hoc Committee investigating activities in Ajaokuta Steel Company Limited and National Iron
13 Sep
The Niger Delta Ethnic Nationalities Youth Leaders Council, on Friday, called on the Federal Government to revive the Ajaokuta Steel Company, plagued by alleged corruption and mismanagement, to create jobs and drive industrialization. The Council called on President Bola Ahmed Tinubu to direct the Economic and Financial Crimes Commission (EFCC) to investigate the issues and…
4 May
The Federal Government has said it is exploring various options to source over $2 billion in private funding for the revival of the Ajaokuta Steel Company.
10 Mar
Apex Igbo socio-cultural organisation, Ohanaeze Ndigbo Youth Council Worldwide, on Monday, faulted traditional rulers in Kogi State for kicking against the Senate investigative panel on Ajaokuta Steel Company and the National Iron Ore Mining Company, Itakpe.
28 Feb
The Senate, yesterday, appointed Jibrin Isah (Kogi East) as Chairman of the Adhoc Committee to probe the humongous N30 trillion ‘Ways and Means’ released as loan to the Federal Government during the former President Muhammadu Buhari ...
3 Feb
Federal government on Friday, moved to set a ten year roadmap for revitalisation of the steel and metals industry in Nigeria, and a three year roadmap to revive the Ajaokuta steel complex.
12 Jan
The Federal Government, yesterday, indicated plans to probe the N33 billion electricity bill incurred by the moribund Ajaokuta Steel Company Limited that eventually led to its disconnection from the national grid by the Transmission Company of Nigeria (TCN).
22 Dec 2023
The federal government has restated its commitment to quick completion of Ajaokuta Steel Company to pave the way for local manufacturing of cars and spare parts for local consumption, the Director-General of the National Automotive Design and Development Council (NADDC), Joseph Osanipin, has said.
6 Dec 2023
The Minister of Steel Development, Prince Shuaibu Abubakar Audu, is seeking N35bn funding from financial institutions to re-start the Light Mill Section of the Ajaokuta Steel Plant for diversification of the economy. It said that there are plans to revive the Ajaokuta Steel Plant in phases by its set timelines and benchmarks. Audu, disclosed this…
29 Nov 2023
Stakeholders at the PEEF Annual Conference (PAC) in Abuja raised concerns over challenges bedeviling Nigeria’s mining and steel industry in the country.

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